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❓ASK Do you think having a mentor is important in trading ?

H

Horia_10

Guest
Starting Out With An Aim To Become a professional traders , lots of people end up making faulty trades in the very beginning due to not having a proper mentor or guide that is professional and can teach from his experience

Many people tend to pick up trading by following the wrong people and that's when they feel the need for a real one , do you think a mentor is important in trading ?
 
Solution
H
I agree most of the time things are difficult to be understood by us and are very challenging indeed so when you have a competent person as your coach or mentor that can make you pass through the hoos and holes calmly then you can succeed with the passage of time
Yes for sure, in all aspects of life one need to have a mentor (Guidance) so that he or she will become successful. If you are a real trader, you must have come in contact with someone who has given you an advice or tip to help your business. That person is your mentor or helper in the journey of your business.
Helpers or mentors are necessary if only you want to have a smooth journey in life.
Many people due to pride wave them away as not so important but when they encounter any challenges in the course of trading start to complain.
Personally, I was mentored by a professional trader and I am grateful for it ...
 
One of the pitfall of early business is not having a mentor in the line of business they venture into, having a good mentor before commencing any business is a very good step in the right direction. It will help to equip one of all the necessary things to know about the business and how to face and overcome each challenges that might surface during the cause of the business. Those who have a mentor before going into their business tend to do well than those who don't have.
Probably, mentorship is very important and necessary for new businesses and new enterpreneurs. The reason is because there are some secrets to running successful businesses and that is what mentorship offers.

Mentorship is one of the easiest ways of becoming successful in the business venture because people that have been in business for so many years will be guiding you.
 
Probably, mentorship is very important and necessary for new businesses and new enterpreneurs. The reason is because there are some secrets to running successful businesses and that is what mentorship offers.

Mentorship is one of the easiest ways of becoming successful in the business venture because people that have been in business for so many years will be guiding you.
Every business has some tips and some secrets that you would only have with experience.
So new business owner might be lacking in that area, and that is where he might need help Incase he is faced with challenges in the course of the business.
So mentors play that role, that is the reason new business owner should seek advice and knowledge from some experienced ones...
 
Having a mentor may do wonders for you but there is no guarantee that you will be able to find a trustworthy mentor. If you decide to learn on your own, you may take some time but it would be better than wasting your money on a mentor who helps you with nothing.
Actually nobody will be happy to waste his money on things that does not profit him.
In business, mentoring is an integral part. It makes your journey faster and easier than when you are trying to do them all alone.
It is very good to learn from a more experience person you trust in the same line of business....
 
Of course, it's very important in trading. There's a saying that no man is an island as you will always be needing people's help in every stage if one's life and trading in the cryptocurrency market or in the forex market is never an exemption.
If you try to learn trading on your own, you might actually succeed after about five years or more of making consistent loss and most definitely learning from it or you can choose to call on a mentor and master the whole idea in a matter of months.
 
To become a successful trader you have to practice and practice, there is a good phrase you may have already heard – "Practice makes perfect". Some people have even paraphrased it as "Perfect practice makes perfect," and that's also true. With a demo account, you can practice to develop your skills and strategies. This is also very useful when you want to get to know the trading platform and its features.
 
Of course, it is important and necessary to have a mentor and someone who you can look up to and learn from.
Most times, forex trading is very difficult if you are very new in the market.
So you need a good trader as a mentor who can guide and show you some winning strategy you would not know on your own...
 
Of course, it is important and necessary to have a mentor and someone who you can look up to and learn from.
Most times, forex trading is very difficult if you are very new in the market.
So you need a good trader as a mentor who can guide and show you some winning strategy you would not know on your own...
I also feel like when trying to have a mentor ,I think the person should always try to make sure that the mentor is well experienced and others ,for proper guidance on how to trade in the market ,the market actually comes with great risk and investors needs to note all of these
 
Mentors or coach can actually help you to understand you and make some quick decisions.
It would take you more time to understand the forex market if you did it all by yourself. But with a mentor and coach, the journey and learning process will be faster and much more easier for you also.
So having the services of a mentor is always helpful....
 
It has been proclaimed that mentors are very important for those who trade in the forex market.
Forex trading is a relatively risky and it needs a thorough training and experience to be successful.
With the help of a mentor, the trading becomes easier and faster for newbies...
 
Mentors are always good because they share with you their own experience so you learn from those things much better and at a much better and faster pace you might have to pay to have their service but it is well worth if you want to be a professional like them actually Indeed .
 
Of course, it is important and necessary to have a mentor and someone who you can look up to and learn from.
Most times, forex trading is very difficult if you are very new in the market.
So you need a good trader as a mentor who can guide and show you some winning strategy you would not know on your own...
That is right. Having a self less mentor who will teach you winning strategies is really great. You will find yourself doing just the right thing and getting the profits you yearn for.

It is good to always start such an investment with a great guide. That way, you avoid pitfalls that could lead to serious losses.
 
Indeed you are right but you have to know that there are many so called expert mentors that are there to take your money for nothing so you should always do a careful research when you want to hire a mentor because you can only win when you can fully trust your mentor actually .
 
A mentor not only guide on how to have a successful trading but also provide solutions especially during difficult situations. That is to which extent mentor is needed. Though, one needs to becareful before choosing the mentor because they are always the yardstick to measure failure or success of any business.
 
Definitely mentors play an very important role in making you calm through the difficult situations as they have always passed and gone through the same , they have the sharpness to go through it and they develop the same in you to make you a better trader with their experience as well .
 
Having a coach and mentor is very important especially in forex trading. Many will argue that it is not very important, but a person who is guided by a good coach will perform better than someone who is doing so on his own.
The journey is always faster and easier for him because he will not make several mistakes if he is trading on his own....
 
I'm not sure. Many people manage without a mentor so it is not a must. It is a huge help, though, if a mentor is available to you. What's really important, if you want a mentor, is to have a trustworthy person who really knows what they are doing. A bad mentor is worse than no mentor at all.
 
Right mentors are needed as they are an integral part of the training process for a new forex trader but it is 90% on the learning ability of a person if that is present any simple forex trading expert can turn the person to a king as well and vice versa .
 
Right mentors are needed as they are an integral part of the training process for a new forex trader but it is 90% on the learning ability of a person if that is present any simple forex trading expert can turn the person to a king as well and vice versa .
A mentor or coach is necessary but it is not mandatory that people should be guided by anyone.
Many traders have succeeded withdraw having any seasoned mentor.
But from record, those who are guided by seasoned and professional traders make a better trader than those who trade on their own....
 
Definitely that's right but it ia hard and also difficult to find a trader coach or mentor that focuses on his traders as his own kids and teaches them each and everything so that is why things can be tough due to the factors affecting whether a person is getting the right coach or not as well actually to be fair indeed .
 

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